Annual report pursuant to Section 13 and 15(d)

Capitalized Technology

v3.22.1
Capitalized Technology
12 Months Ended
Dec. 31, 2021
Research and Development [Abstract]  
Capitalized Technology

6. Capitalized Technology

 

Capitalized Technology, net is as follows:

 

    2021     2020  
    December 31,  
    2021     2020  
Capitalized cost:                
Balance, beginning of period   $ 25,867     $ 95,884  
Additional capitalized cost     49,970       3,700  
Provision for amortization     (32,799 )     (73,717 )
Balance, end of period     43,038       25,867  

 

Amortization expense related to capitalized technology of $32,799 and $73,717 for the years ended December 31, 2021 and 2020, respectively, is recorded in depreciation and amortization expense in the accompanying consolidated statements of operations.